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M & S Hack Attack will be the technological firms that are profitable


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Cyber ​​attacks take longer to make and distract more attention, tend to think more than the boss of suffering companies. President of the managers of the managers told Marx and Spencer Stuart Brand and Spencer Macher, which will cost 300 million pounds or about 30 percent last year’s operating profit.

What is bad for hack victims, is good for technology providers, because cyber encourages security. More than 10 enterprises, according to the UK government, reported security violations or attacks in the last 12 months Cyber ​​Security Violations Research. While holding the headlines of passengers – Harrods and supermarket group also hit Co-op – Other industries are further exposed.

British companies company cyber attacks (%) company showing the attack

Technology is therefore part of the value of cleanliness. For example, M & S accelerates digital and technological plans. The British retailer has already doubled cyber security costs since 2021.

Hacking is developing, so the managers should still run to stop. The program designed to harm the harmful program or damage has dropped from 60 percent to 20 percent in the last five percent. But “Vishing” attacks – using telephone conversations to extract personal information – quintupled in the second half of last year. Generative AI is a danger with a solution that needs to adapt to new defense and place and move in the smallest abnormal patterns.

Bar schedule when asked "Which organizational cyber risk worries you the most?" Corporate concerns show

Expenditures should go further when the sacred and techies agree with the biggest threats. Companies also build some knowledge about cyber security to the boards. The directors do not have to be a specialist, but at least they should be able to discuss the topic with experts. However, there is a great place between the harmful program and the can be heard and understanding the effects of third-party contractors that have access to a company’s systems – the sensitivity that opens the M & S.

The pain for the British retailer is not over yet. Online sales will not be able to complete online sales – two-thirds of customers are shopping in both online and store. And the prestigious hit is also something for the smell. It is not clear whether the M & S is especially sensitive or simply failing. Cyber ​​attacks usually cover both. However, another company should appeal to other companies to collect the protection of cartridges.

jennifer.hughes@ft.com



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